Stretch your savings and live your golden years to the fullest in these budget-friendly cities and towns.
Learn how you’ve got the option to help support our neighbors here.
Learn how it’s possible for you to help support our neighborshereandhere.
Credit:Robbie Caponetto
(Investopediaestimates the median monthly housing costs in the South to be $1,163.)
That does not mean life gets boring, though.
Estimated median monthly housing costs are $1,075, which is 8% lower than across the region.
It also provides income tax deductions and property tax homestead exemptions to eligible resident seniors.
As with any seaside destination, housing gets more expensive the closer you are to the water.
Watch pelicans take flight or view dolphin pods swimming from the 26 miles of white-sand beaches.
Or take nature walks or play aquatic sports in the local saltwater lagoons.
Plus, coming here means you get all the additional retirement tax benefits Florida gives.
The area features accessible medical care and has sizable Black, Latino, and Asian populations.
The estimated median monthly housing costs are 3% lower than the Souths number at $1,125.
Enjoy access to some of the states best hiking across pine forests, swamps, and sand.
Englewoods estimated median monthly housing costs of just $779 are 33% less than those across the South.
Plus, Florida does not have state income tax and gives supplementary homestead exemptions to eligible seniors.
Retirees have clearly taken note of these benefits.
More than half of Englewoods 20,800 residents are 65 or older, with an estimated median age of 67.8.
There is a huge sense of community.
Although the populations median age is only 29.2, the city has not forgotten its older residents.
Valdosta State Universitys Learning in Retirement group organizes lectures and educational tours.
On top of that, Social Security benefits are not taxed.
Locations for which estimates included large margins of error were removed from the initial list.
Credit:Robbie Caponetto
Credit:Robbie Caponetto
Credit:Tina Sargeant
Credit:Robbie Caponetto
